Photo - SnappFoods
60922

SnappFoods

Canada, Toronto
Market: Food industry, Artificial Intelligence
Stage of the project: Idea or something is already done

Date of last change: 24.10.2023
Go to the owner's profile
7
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
 

Idea

Earn cash and groceries every month by sharing pictures of your fridge while we build the holy grail of CPG consumption data and consumers save hundreds a month on their groceries

Current Status

$500k in soft commits from tier 1 brands (goal is $1M in soft commits pre-launch)
500 person closed alpha testing for validation

Problem or Opportunity

Rising cost of food and groceries in North America

Solution (product or service)

A SaaS platform based on AI/ML that allows tier 1 CPG brands to access real-time food/goods consumption/replenishment velocity data for a fee per user, and offering digital discounts and cashback in real-time for re-purchasing of goods, resulting in cheaper grocery bills for consumers

Business model

B2B revenue model where Consumer Pkgd Goods (CPG) and food brands are charged to access real-time consumption data (cheaper CAC for them) paying on a per-user basis for the data because it's targeted data to users already consuming their products
5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility102
star0
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video
Presentation